Loading fund overlap…
12 of 73 unique stocks in common · Jaccard: 16.4%
A weighted portfolio overlap of 21.52% indicates a moderate overlap (a meaningful shared core). This means that out of every ₹100 you invest across these two schemes, approximately ₹21.52 is allocated to the exact same companies at the same relative proportions. The schemes share 12 common holdings.
The largest overlapping asset in their portfolios is State Bank of India, which commands a weight of 4.99% in Franklin India Dividend Yield Fund ^ and 8.85% in Kotak Rural Opportunities Fund. Holding both schemes increases your concentration in State Bank of India rather than expanding your diversification.
If the overlap is above 30%, it is typically because both schemes benchmark to the same index (e.g. Nifty 50 or Nifty LargeMidcap 250) or overlap in their top large-cap picks. To improve your portfolio's diversification, consider allocating one of these tranches to a category with lower structural correlation (such as a mid-cap, small-cap, or international equity fund).
| Stock | in Franklin | in Kotak |
|---|---|---|
| State Bank of IndiaBanks | 4.99% | 8.85% |
| NTPCPower | 4.43% | 3.16% |
| Shriram FinanceFinance | 1.92% | 3.14% |
| Indus TowersTelecom - Services | 1.91% | 2.50% |
| ITCDiversified FMCG | 2.79% | 1.85% |
| Britannia IndustriesFood Products | 1.80% | 3.01% |
| Hindustan UnileverDiversified FMCG | 1.86% | 1.69% |
| Maruti Suzuki IndiaAutomobiles | 1.13% | 0.99% |
| NHPCPower | 2.04% | 0.99% |
| Ashok LeylandAgricultural, Commercial & Construction Vehicles | 1.34% | 0.88% |
| EmamiPersonal Products | 0.72% | 3.69% |
| Crompton Greaves Consumer ElectricalsConsumer Durables | 0.85% | 0.62% |
Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on May 2026). Equity holdings only, ISIN-verified. Not investment advice.